Economic analysis and Monte Carlo simulation of community wind generation in rural western Kansas

dc.contributor.authorHalling, Todd
dc.date.accessioned2011-11-21T16:31:08Z
dc.date.available2011-11-21T16:31:08Z
dc.date.graduationmonthDecemberen_US
dc.date.issued2011-11-21
dc.date.published2011en_US
dc.description.abstractEnergy costs are rising, supplies of fossil fuels are diminishing, and environmental concerns surrounding power generation in the United States are at an all-time high. The United States is continuing to push all states for energy reform and where better for Kansas to look than wind energy? Kansas is second among all states in wind generation potential; however, the best wind generation sites are located predominantly in sparsely populated areas, creating energy transportation problems. Due to these issues interest in community wind projects has been increasing. To determine the economic potential of community wind generation a distribution system in rural western Kansas where interest in community wind exists was examined and a feasibility study based on historical data, economic factors, and current grid constraints was performed. Since the majority of the load in this area is from pivot-point irrigation systems, load distributions were created based on temperature ranges instead of a linear progression of concurrent days. To test the economic viability three rate structures were examined: flat energy rate, demand rate, and critical peak pricing. A Monte Carlo simulation was designed and run to simulate twenty-year periods based on the available historical data; twenty-year net present worth calculations were performed to ensure economic viability. A sensitivity analysis was then performed to examine the effects of change in turbine size and energy rate scale. Finally, an energy storage analysis was performed to examine the economic viability of various sizes of battery storage systems.en_US
dc.description.advisorAnil Pahwaen_US
dc.description.degreeMaster of Scienceen_US
dc.description.departmentDepartment of Electrical and Computer Engineeringen_US
dc.description.levelMastersen_US
dc.description.sponsorshipDepartment of Energyen_US
dc.identifier.urihttp://hdl.handle.net/2097/13099
dc.language.isoen_USen_US
dc.publisherKansas State Universityen
dc.subjectCommunity wind generationen_US
dc.subjectFeasibility studyen_US
dc.subjectEconomic analysisen_US
dc.subjectMonte Carlo simulationen_US
dc.subjectSensitivity analysisen_US
dc.subjectEnergy storage analysisen_US
dc.subject.umiElectrical Engineering (0544)en_US
dc.subject.umiEnergy (0791)en_US
dc.titleEconomic analysis and Monte Carlo simulation of community wind generation in rural western Kansasen_US
dc.typeThesisen_US

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